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The hotel continues to house the famous and wealthy in the 105 gorgeous rooms, and the even wealthier in the 83 privately owned apartments.

Alvear Palace Hotel The clue is in the word ‘palace’ – not, in this case, pretentious hyperbole.

Add to this the CHI spa – dedicated to 'restoring balance and harmony to mind and body' – and two stylish restaurants (Nishimura and Blu Lobster) offering a range of cuisines from traditional Asian to the latest international favourites and you start to understand why this hotel is grabbing so much attention.

The attached souk – if not traditional – houses some of the city's hippest eateries.

A few rooms were recently refurbished in what can only be described as a bazaar-kitsch style by Catherine Lévy of Tsé & Tsé Associées of Paris. There are a couple of bona fide Delhi classics on the bottom floors, as well: the Bollywood villain-themed bar, Thugs, is one of the few places in the old city where you can get a drink.

See more hotels on Time Out Buenos Aires Hotel Felix The lovely Hotel Felix beats other Chicago hostelries (even trumping nearby Trump's) by having the city's first silver LEED certificate for environmental sustainability.

This eco-chic newcomer is located in a charming brick building dating back to the 1920s.

Which would be a mighty triumph of style over substance, if it didn't seem to work so nicely.

Eden Amsterdam American Hotel Spacious rooms have been tastefully refurbished in this grand art nouveau building in the museum quarter.

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